BOSTON-Boston Properties has acquired 100 Federal Street in Boston from a subsidiary of Bank of America. The company has paid $615 million for the 37-story property.
The bank has inked a long-term lease to retain its headquarters at 100 Federal and it will occupy 787,000 square feet there. The property contains 1.3 million square feet of office space and it is roughly 94% leased. The property is situated in the center of Boston's Financial District. For the full story, go to Boston Business Journal .
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